ConforMIS reported its fourth quarter and full year 2015 results.
Here are 12 things to know:
1. In the fourth quarter, ConforMIS total revenue reached $19.1 million, a 34 percent increase compared to the fourth quarter of 2014.
2. The company's product revenue reached $18.8 million, up $4.9 million from the same period the year prior.
3. In the fourth quarter of 2015, product revenue in the United States rose $4.1 million to $14.6 million.
4. ConforMIS' total gross profit reached $7 million in the fourth quarter of 2015.
5. During the fourth quarter of 2015, ConforMIS' total operating expenses rose 25 percent to $21.9 million.
6. The company reported net losses of $15 million for the quarter, up from a net loss of $12.1 million in the fourth quarter of 2014.
7. For the full year 2015, the company had total revenue of $66.9 million, an $18.7 increase million from the full year 2014.
8. The company's product revenue increased $14.6 million to $62.8 million for the full year 2015.
9. For the full year 2015, total gross profit reached $24.5 million, compared to $17.5 million in 2014.
10. The company reported net losses of $57.2 million for 2015.
11. The company's cash and cash equivalents totaled $117.2 million, compared to $37.9 million last year.
12. ConforMIS expects total revenue in a range of $84 million to $97 million for the full year 2016.
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